Kuwait (KWT) and Jamaica (JAM) Trade | The Observatory of Economic Complexity

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Kuwait-Jamaica Trade: In 2023, Kuwait exported $440k to Jamaica. The main products that Kuwait exported to Jamaica were Hydrochloric Acid ($425k), Low-voltage Protection Equipment ($14.2k), and Aluminium Housewares ($594). Over the past 5 years the exports of Kuwait to Jamaica have increased at an annualized rate of 61.8%, from $39.7k in 2018 to $440k in 2023.

In 2023, Kuwait did not export any services to Jamaica.

Jamaica-Kuwait Trade: In 2023, Jamaica exported $49.9k to Kuwait. The main products that Jamaica exported to Kuwait were Non-Knit Men's Suits ($19.7k), Scarves ($7.35k), and Knit Men's Coats ($4.41k). Over the past 5 years the exports of Jamaica to Kuwait have decreased at an annualized rate of 4.8%, from $63.9k in 2018 to $49.9k in 2023.

In 2023, Jamaica did not export any services to Kuwait.

Comparison: In 2023, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B). That same year, Jamaica ranked 70 in the Economic Complexity Index (ECI -0.14), and 147 in total exports ($1.89B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Kuwait exported $440k to Jamaica. The main products exported from Kuwait to Jamaica were Hydrochloric Acid ($425k), Low-voltage Protection Equipment ($14.2k), and Aluminium Housewares ($594). During the last 5 years the exports of Kuwait to Jamaica have increased at an annualized rate of 61.8%, from $39.7k in 2018 to $440k in 2023.

In 2018, Jamaica exported $49.9k to Kuwait. The main products exported from Jamaica to Kuwait were Non-Knit Men's Suits ($19.7k), Scarves ($7.35k), and Knit Men's Coats ($4.41k). During the last 5 years the exports of Jamaica to Kuwait have decreased at an annualized rate of 4.8%, from $63.9k in 2023 to $49.9k in 2018.

Exports from Kuwait () to Jamaica () (2023)

Exports from Jamaica () to Kuwait () (2023)

Latest Data

Trade between Kuwait () and Jamaica ()

Kuwait Exports

Date

Jun 2017

May 2017

Mar 2015

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$17.4B

Jamaica
Top DestinationUnited States$709M

This map shows whether countries import more from Kuwait or Jamaica. Each country is colored based on the difference in imports they receive from Kuwait and Jamaica or the difference in the growth in imports.

In 2023, countries that imported more from Kuwait than Jamaica included China ($17.4B), India ($9.51B), and Japan ($9.13B).

In 2023, countries that imported more from Jamaica than Kuwait included Russia ($138M), Latvia ($131M), and Guyana ($80.7M).

Difference in imports from Jamaica () and Kuwait () (2023)

Comparative Advantage Kuwait - Jamaica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Kuwait and Jamaica by product, considering products traded by both, Kuwait and Jamaica.

During 2023, Kuwait had a large net trade with Jamaica in the exports of Chemical Products ($425k), Machines ($14.2k), and Metals ($594).

During 2018, Jamaica had a large net trade with Kuwait in the exports of Textiles ($45.1k), Instruments ($2.1k), and Machines ($719).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kuwait Jamaica+$4.99kCrude Petroleum

Top Product Potential Jamaica Kuwait+$21.7kKnit Men's Suits

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Kuwait and Jamaica. This means that a dot/product with the flag of Kuwait indicates it has a comparative advantage over Jamaica. Similarly, a dot/product with the flag of Jamaica indicates it has a comparative advantage over Kuwait.

About

Historical Data

Bilateral Trade by Products

Exports from Kuwait () to Jamaica () (2023)

Exports from Jamaica () to Kuwait () (2023)

Latest Data

Trade between Kuwait () and Jamaica ()

Kuwait Exports

Market Competitiveness

Difference in imports from Jamaica () and Kuwait () (2023)

Comparative Advantage Kuwait - Jamaica

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kuwait () and Jamaica () (2023)

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